techtarget (nasdaq: ttgt) is the global leader in purchase intent-driven marketing and sales services that deliver business impact for enterprise technology companies. with high-quality editorial content across more than 140 highly targeted technology-specific websites, techtarget attracts technology buyers researching companies’ information technology needs. by understanding tech buyer content consumption, techtarget creates the purchase intent insights that fuel effective marketing and sales activities for clients around the world. for more information, visit techtarget.com and follow us on twitter @techtarget.
Company profile
Ticker
TTGT
Exchange
Website
CEO
Michael Cotoia
Employees
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
TechTarget Securities Corporation • TechTarget Limited • TechTarget (HK) Limited • TechTarget (Australia) Pty Ltd. • TechTarget (Singapore) PTE. Ltd. • E-Magine Médias SAS • TechTarget Germany GmbH • BrightTALK, Inc. • BrightTALK Limited ...
IRS number
43483216
TTGT stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
17 Apr 24
DEFA14A
Additional proxy soliciting materials
17 Apr 24
DEF 14A
Definitive proxy
17 Apr 24
425
Business combination disclosure
3 Apr 24
425
Business combination disclosure
18 Mar 24
425
Business combination disclosure
18 Mar 24
425
Business combination disclosure
11 Mar 24
8-K
Other Events
11 Mar 24
425
Business combination disclosure
8 Mar 24
425
Business combination disclosure
8 Mar 24
Transcripts
TTGT
Earnings call transcript
2023 Q4
7 Feb 24
TTGT
Earnings call transcript
2023 Q3
8 Nov 23
TTGT
Earnings call transcript
2023 Q2
8 Aug 23
TTGT
Earnings call transcript
2023 Q1
9 May 23
TTGT
Earnings call transcript
2022 Q4
9 Feb 23
TTGT
Earnings call transcript
2022 Q3
10 Nov 22
TTGT
Earnings call transcript
2022 Q2
7 Aug 22
TTGT
Earnings call transcript
2022 Q1
14 May 22
TTGT
Earnings call transcript
2021 Q4
10 Feb 22
TTGT
Earnings call transcript
2021 Q3
4 Nov 21
Latest ownership filings
4
Rebecca Kitchens
15 Feb 24
4
Steven Niemiec
15 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G/A
Neuberger Berman Group LLC
12 Feb 24
SC 13G
Trigran Investments, Inc.
9 Feb 24
SC 13G/A
FMR LLC
9 Feb 24
SC 13G/A
BlackRock Inc.
23 Jan 24
4
Steven Niemiec
18 Jan 24
4
Perfecto Sanchez
12 Jan 24
4
Rebecca Kitchens
3 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 212.11 mm | 212.11 mm | 212.11 mm | 212.11 mm | 212.11 mm | 212.11 mm |
Cash burn (monthly) | 8.64 mm | 12.68 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 59.06 mm | 86.69 mm | n/a | n/a | n/a | n/a |
Cash remaining | 153.05 mm | 125.42 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 17.7 | 9.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
95.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 163 |
Opened positions | 17 |
Closed positions | 21 |
Increased positions | 62 |
Reduced positions | 63 |
13F shares | Current |
---|---|
Total value | 787.03 bn |
Total shares | 27.15 mm |
Total puts | 2.10 k |
Total calls | 700.00 |
Total put/call ratio | 3.0 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 3.98 mm | $120.91 bn |
Trigran Investments | 2.67 mm | $81.11 bn |
Vanguard | 1.96 mm | $59.49 bn |
Neuberger Berman | 1.63 mm | $49.57 bn |
FMR | 1.60 mm | $48.68 bn |
MS Morgan Stanley | 1.37 mm | $41.68 bn |
HighTower Advisors | 1.35 mm | $40.85 bn |
Roger M. Marino 2010 Revocable Trust | 1.14 mm | $109.42 mm |
STT State Street | 896.58 k | $27.22 bn |
BAC Bank Of America | 760.71 k | $23.10 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Feb 24 | Rebecca Kitchens | Common Stock | Sell | Dispose S | No | No | 32.2 | 13,666 | 440.05 k | 53,920 |
14 Feb 24 | Steven Niemiec | Common Stock | Sell | Dispose S | No | No | 32.2 | 13,608 | 438.18 k | 40,755 |
16 Jan 24 | Steven Niemiec | Common Stock | Payment of exercise | Dispose F | No | No | 34.09 | 347 | 11.83 k | 54,363 |
16 Jan 24 | Steven Niemiec | Common Stock | Grant | Acquire A | No | No | 0 | 1,000 | 0.00 | 54,710 |
11 Jan 24 | Perfecto Sanchez | Common Stock | Option exercise | Acquire M | No | No | 0 | 1,400 | 0.00 | 5,149 |
11 Jan 24 | Perfecto Sanchez | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 1,400 | 0.00 | 1,400 |
2 Jan 24 | Rebecca Kitchens | Common Stock | Option exercise | Acquire M | No | No | 0 | 30,000 | 0.00 | 67,586 |
2 Jan 24 | Rebecca Kitchens | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 30,000 | 0.00 | 60,000 |
News
Needham Reiterates Buy on TechTarget, Maintains $50 Price Target
8 Feb 24
Recap: TechTarget Q4 Earnings
7 Feb 24
TechTarget Q4 2023 Adj EPS $0.42 Beats $0.37 Estimate, Sales $57.29M Beat $56.59M Estimate
7 Feb 24
Earnings Scheduled For February 7, 2024
7 Feb 24
Earnings Outlook For TechTarget
6 Feb 24
Press releases
TechTarget Announces Launch of Priority Engine Account Intent Feeds to Help Go-to-Market Teams Identify, Engage & Convert In-Market Accounts More Effectively
10 Apr 24
TechTarget to Announce 2024 First Quarter Financial Results on May 9, 2024
3 Apr 24
TechTarget Announces Second Annual Partner Marketing Visionaries Summit on March 12-13, 2024
15 Feb 24
TechTarget Partners with G2 to Provide B2B Technology Buyers Unparalleled Access to Decision Support Content that Uniquely Meets Their Research Needs Across the Entire Purchase Cycle
12 Feb 24
TechTarget Reports Fourth Quarter and Full Year 2023 Financial Results Conference Call and Webcast
7 Feb 24